Perimeter Security Market by Component (Systems (Perimeter Intrusion Detection, Video Surveillance, Access Control, and Alarms and Notification Systems) and Services (Professional and Managed Services)), Vertical, Region - Global Forecast to 2022

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Date: 25-Aug-2017
No. of pages: 149
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The increasing concern for protecting business assets, employees, and customers is said to be driving the global perimeter security market

The perimeter security market is expected to grow from USD 110.64 billion in 2017 to USD 196.60 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 12.2% between 2017 and 2022. The market for perimeter security is growing substantially, owing to the increasing concern for protecting business assets, employees, and customers. The increasing usage of internet of things (IoT) and smart technologies, such as intelligence monitoring, is one of the most significant drivers influencing the growth of the perimeter security market. The lack of correlation among security solutions is said to be acting as a restraint for the growth of the perimeter security market.

The market for video surveillance systems segment is expected to hold the largest market size during the forecast period

The video surveillance systems segment is expected to lead the market and projected to witness the highest growth rate during the forecast period. The advancements in video surveillance applications, such as cloud services, network cameras, and big data analytics have increased the scope of the video surveillance systems segment for wider application across different sectors.

The market for residential, educational, and religious buildings vertical is expected to grow at the highest rate during forecast period

Security is a major concern in residential complexes, as well as, commercial areas and public places. Such concerns are increasing the demand for security solutions, such as biometrics-based electronic locks and sensor-based intruder alarm systems. Moreover, residential premises are being equipped with technology platforms to help their occupants remotely access electronic devices at home through mobile devices, such as smartphones, tablets, and laptops.

Perimeter security market in Asia Pacific (APAC) is expected to grow at the highest rate during the forecast period

APAC is expected to be the fastest-growing region, as it has witnessed economic development in terms of infrastructure (airports, railways, and highways) and robust growth in financial and banking services, which would serve as opportunities for the growth of the perimeter security market.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and executives from various key organizations operating in the perimeter security market place.


  • By Company Type: Tier 1:55%, Tier 2:20%, and Tier 3: 25%

  • By Designation: C-Level:60%, Director Level:25%, and Others: 15%

  • By Region: North America:40%, Europe: 20%, APAC: 10%, and RoW:30%


The report includes the study of the key players offering perimeter security solutions and services, such as Axis Communications AB (Sweden), United Technologies Corporation (US), Dahua Technology Co., Ltd. (China), Honeywell International Inc. (US), Southwest Microwave, Inc. (US), Hangzhou Hikvision Digital Technology Co., Ltd. (US), Bosch Security Systems (Germany), Johnson Controls International plc (Tyco Systems Inc.) (Republic of Ireland), RBtec Perimeter Security Systems (US), Fiber SenSys, Inc. (US), CIAS Elettronica (Italy), Senstar Corporation (Canada), and PureTech Systems, Inc. (US). The report includes an in-depth competitive analysis of these key players in the perimeter security market, along with their company profiles, product offerings, recent developments, and key market strategies.

Research Coverage

The perimeter security market has been segmented into systems, services, verticals, and regions. Perimeter security systems include perimeter intrusion detection systems, video surveillance systems, access control systems, alarms and notification systems, and others (fencing, lighting, and detection devices for metals, explosives, drugs, and chemicals). Services offered in the application security market include the professional and managed services. The various verticals included are the commercial and services, industrial, infrastructure, government, military and defense, and residential, educational, and religious buildings. Finally, on the basis of regions, the perimeter security market is segmented by North America, Europe, APAC, Middle East and Africa (MEA), and Latin America.

The report will help the market leaders and new entrants in the perimeter security market in the following ways:


  • The report segments the market into various subsegments, hence covering the market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and the subsegments. The market numbers are further split across different industry verticals and regions.

  • The report helps understand the overall growth of the market. It provides information on the key market drivers, restraints, challenges, and opportunities.

  • The report helps understand the competitors better and in gaining more insights to streng the none’s position in the market. The study also presents the positioning of the key players based on their product offerings and business strategies.

Perimeter Security Market by Component (Systems (Perimeter Intrusion Detection, Video Surveillance, Access Control, and Alarms and Notification Systems) and Services (Professional and Managed Services)), Vertical, Region - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primary Interviews
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Microquadrant Research Methodology
2.3.1 Vendor Inclusion Criteria
2.4 Research Assumptions and Limitations
2.4.1 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Perimeter Security Market
4.2 Perimeter Security Market, By System, 2017–2022
4.3 Perimeter Security Market, By Professional Service, 2017–2022
4.4 Perimeter Security Market, By Vertical, 2017–2022
4.5 Lifecycle Analysis, By Region

5 Market Overview
5.1 Regulatory Implications
5.1.1 North American Electric Reliability Corporation Critical Infrastructure Protection (NERC CIP)
5.1.2 Homeland Security Act (HSA)
5.1.3 The Secure Fence Act
5.1.4 Open Range Law
5.2 Use Cases
5.2.1 Commercial Industry Security With the Implementation of Network Video Surveillance Solution
5.2.2 An Intelligent Network Video Surveillance System in the Government Vertical for Robust Perimeter Security
5.2.3 Use of Access Control Systems in the Education Industry
5.2.4 Perimeter Security Systems Adopted By the Nuclear Power Plant Industry
5.2.5 Perimeter Security in the Military and Defense Industry With the Adoption of the Intrusion Detection System
5.3 Innovation Spotlight
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Rise in the Number of Perimeter Intrusions, Leading to Property Damage and Data Theft
5.4.1.2 Increased Need to Reduce Manpower Cost
5.4.1.3 Increasing Installations of Video Surveillance Systems for Perimeter Security
5.4.1.4 Increasing Government Regulations on Perimeter Security
5.4.2 Restraints
5.4.2.1 High Initial Deployment Cost
5.4.2.2 Lack of Technical Expertise and Security Skills
5.4.3 Opportunities
5.4.3.1 Evolution of Next-Generation Integrated Systems for Perimeter Security Systems
5.4.3.2 Increasing Urban Infrastructure Across the Globe
5.4.4 Challenges
5.4.4.1 Ensuring High Detection Probabilities With Low False Alarm Rates
5.4.4.2 Integrating the Existing Systems With New Technologies

6 Perimeter Security Market Analysis, By Component
6.1 Introduction
6.2 Systems
6.2.1 Perimeter Intrusion Detection Systems
6.2.1.1 Sensor Types
6.2.1.1.1 Microwave Sensors
6.2.1.1.2 Radar Sensors
6.2.1.1.3 Fiber-Optic Sensors
6.2.1.1.4 Infrared Sensors
6.2.1.1.5 Others
6.2.1.2 Deployment Types
6.2.1.2.1 Fence Mounted
6.2.1.2.2 Buried
6.2.1.2.3 Open Area
6.2.2 Video Surveillance Systems
6.2.2.1 Hardware
6.2.2.1.1 Camera
6.2.2.1.2 Monitor
6.2.2.1.3 Server
6.2.2.1.4 Storage
6.2.2.1.5 Other Accessories
6.2.2.2 Software
6.2.2.2.1 Video Analytics
6.2.2.2.2 Video Management Software
6.2.2.2.3 Neural Network Algorithms
6.2.3 Access Control Systems
6.2.3.1 Hardware
6.2.3.1.1 Card-Based Readers
6.2.3.1.2 Biometric Readers
6.2.3.1.3 Multi-Technology Readers
6.2.3.2 Controllers
6.2.3.3 Access Control Management Software/Database
6.2.4 Alarms and Notification Systems
6.2.5 Others
6.3 Services
6.3.1 Professional Services
6.3.1.1 System Integration and Consulting
6.3.1.2 Risk Assessment and Analysis
6.3.1.3 Training and Education
6.3.1.4 Maintenance and Support
6.3.2 Managed Services

7 Perimeter Security Market Analysis, By Vertical
7.1 Introduction
7.2 Commercial and Services
7.3 Industrial
7.4 Infrastructure
7.5 Government
7.6 Military and Defense
7.7 Residential, Educational, and Religious Buildings

8 Geographic Analysis
8.1 Introduction
8.2 North America
8.3 Europe
8.4 Asia Pacific
8.5 Middle East and Africa
8.6 Latin America

9 Competitive Landscape
9.1 Microquadrant Overview
9.1.1 Visionary Leaders
9.1.2 Innovators
9.1.3 Dynamic Differentiators
9.1.4 Emerging Companies
9.2 Competitive Benchmarking
9.2.1 Strength of Product Portfolio in the Perimeter Security Market
9.2.2 Business Strategy Excellence Adopted in the Perimeter Security Market

10 Company Profiles
(Business Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments)*
10.1 Honeywell International Inc.
10.2 Hangzhou Hikvision Digital Technology Co., Ltd.
10.3 Axis Communications AB
10.4 Dahua Technology Co., Ltd.
10.5 Bosch Security Systems
10.6 United Technologies Corporation
10.7 Southwest Microwave, Inc.
10.8 Johnson Controls International PLC
10.9 Rbtec Perimeter Security Systems
10.10 Fiber Sensys, Inc.
10.11 Cias Elettronica
10.12 Senstar Corporation
10.13 Puretech Systems, Inc.
10.14 Key Innovators

*Details on Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments Might Not Be Captured in Case of Unlisted Companies.

11 Appendix
11.1 Discussion Guide
11.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
11.3 Introducing RT: Real-Time Market Intelligence
11.4 Available Customizations
11.5 Related Reports
11.6 Author Details

List of Tables

Table 1 United States Dollar Exchange Rate, 2014–2016
Table 2 Evaluation Criteria
Table 3 Perimeter Security Market Size and Growth Rate, 2015–2022 (USD Billion, Y-O-Y %)
Table 4 Innovation Spotlight: Latest Perimeter Security Innovations
Table 5 Perimeter Security Market Size, By Component, 2015–2022 (USD Billion)
Table 6 Perimeter Security Market Size, By System, 2015–2022 (USD Billion)
Table 7 Systems: Perimeter Security Market Size, By Region, 2015–2022 (USD Billion)
Table 8 Perimeter Intrusion Detection Systems Market Size, By Region, 2015–2022 (USD Billion)
Table 9 Video Surveillance Systems Market Size, By Region, 2015–2022 (USD Billion)
Table 10 Access Control Systems Market Size, By Region, 2015–2022 (USD Billion)
Table 11 Alarms and Notification Systems Market Size, By Region, 2015–2022 (USD Billion)
Table 12 Others Market Size, By Region, 2015–2022 (USD Billion)
Table 13 Perimeter Security Market Size, By Service, 2015–2025 (USD Billion)
Table 14 Services: Perimeter Security Market Size, By Region, 2015–2022 (USD Billion)
Table 15 Perimeter Security Market Size, By Professional Service, 2015–2022 (USD Billion)
Table 16 Professional Services Market Size, By Region, 2015–2022 (USD Billion)
Table 17 System Integration and Consulting Market Size, By Region, 2015–2022 (USD Billion)
Table 18 Risk Assessment and Analysis Market Size, By Region, 2015–2022 (USD Billion)
Table 19 Training and Education Market Size, By Region, 2015–2022 (USD Billion)
Table 20 Maintenance and Support Market Size, By Region, 2015–2022 (USD Billion)
Table 21 Managed Services Market Size, By Region, 2015–2022 (USD Billion)
Table 22 Perimeter Security Market Size, By Vertical, 2015–2022 (USD Billion)
Table 23 Commercial and Services: Perimeter Security Market Size, By Region, 2015–2022 (USD Billion)
Table 24 Industrial: Perimeter Security Market Size, By Region, 2015–2022 (USD Billion)
Table 25 Infrastructure: Perimeter Security Market Size, By Region, 2015–2022 (USD Billion)
Table 26 Government: Perimeter Security Market Size, By Region, 2015–2022 (USD Billion)
Table 27 Military and Defense: Perimeter Security Market Size, By Region, 2015–2022 (USD Billion)
Table 28 Media and Entertainment: Perimeter Security Market Size, By Region, 2015–2022 (USD Billion)
Table 29 Perimeter Security Market Size, By Region, 2015–2022 (USD Billion)
Table 30 North America: Perimeter Security Market Size, By Component, 2015–2022 (USD Billion)
Table 31 North America: Perimeter Security Market Size, By System, 2015–2022 (USD Billion)
Table 32 North America: Perimeter Intrusion Detection Systems Market Size, By Sensor Type, 2015–2022 (USD Billion)
Table 33 North America: Perimeter Intrusion Detection Systems Market Size, By Deployment Type, 2015–2022 (USD Billion)
Table 34 North America: Video Surveillance Systems Market Size, By Component, 2015–2022 (USD Billion)
Table 35 North America: Video Surveillance Systems Market Size, By Hardware, 2015–2022 (USD Billion)
Table 36 North America: Video Surveillance Systems Market Size, By Software, 2015–2022 (USD Billion)
Table 37 North America: Access Control Systems Market Size, By Component, 2015–2022 (USD Billion)
Table 38 North America: Access Control Systems Market Size, By Hardware, 2015–2022 (USD Billion)
Table 39 North America: Perimeter Security Market Size, By Service, 2015–2022 (USD Billion)
Table 40 North America: Perimeter Security Market Size, By Professional Service, 2015–2022 (USD Billion)
Table 41 North America: Perimeter Security Market Size, By Vertical, 2015–2022 (USD Billion)
Table 42 Europe: Perimeter Security Market Size, By Component, 2015–2022 (USD Billion)
Table 43 Europe: Perimeter Security Market Size, By System, 2015–2022 (USD Billion)
Table 44 Europe: Perimeter Intrusion Detection Systems Market Size, By Sensor Type, 2015–2022 (USD Billion)
Table 45 Europe: Perimeter Intrusion Detection Systems Market Size, By Deployment Type, 2015–2022 (USD Billion)
Table 46 Europe: Video Surveillance Systems Market Size, By Component, 2015–2022 (USD Billion)
Table 47 Europe: Video Surveillance Systems Market Size, By Hardware, 2015–2022 (USD Billion)
Table 48 Europe: Video Surveillance Systems Market Size, By Software, 2015–2022 (USD Billion)
Table 49 Europe: Access Control Systems Market Size, By Component, 2015–2022 (USD Billion)
Table 50 Europe: Access Control Systems Market Size, By Hardware, 2015–2022 (USD Billion)
Table 51 Europe: Perimeter Security Market Size, By Service, 2015–2022 (USD Billion)
Table 52 Europe: Perimeter Security Market Size, By Professional Service, 2015–2022 (USD Billion)
Table 53 Europe: Perimeter Security Market Size, By Vertical, 2015–2022 (USD Billion)
Table 54 Asia Pacific: Perimeter Security Market Size, By Component, 2015–2022 (USD Billion)
Table 55 Asia Pacific: Perimeter Security Market Size, By System, 2015–2022 (USD Billion)
Table 56 Asia Pacific: Perimeter Intrusion Detection Systems Market Size, By Sensor Type, 2015–2022 (USD Billion)
Table 57 Asia Pacific: Perimeter Intrusion Detection Systems Market Size, By Deployment Type, 2015–2022 (USD Billion)
Table 58 Asia Pacific: Video Surveillance Systems Market Size, By Component, 2015–2022 (USD Billion)
Table 59 Asia Pacific: Video Surveillance Systems Market Size, By Hardware, 2015–2022 (USD Billion)
Table 60 Asia Pacific: Video Surveillance Systems Market Size, By Software, 2015–2022 (USD Billion)
Table 61 Asia Pacific: Access Control Systems Market Size, By Component, 2015–2022 (USD Billion)
Table 62 Asia Pacific: Access Control Systems Market Size, By Hardware, 2015–2022 (USD Billion)
Table 63 Asia Pacific: Perimeter Security Market Size, By Service, 2015–2022 (USD Billion)
Table 64 Asia Pacific: Perimeter Security Market Size, By Professional Service, 2015–2022 (USD Billion)
Table 65 Asia Pacific: Perimeter Security Market Size, By Vertical, 2015–2022 (USD Billion)
Table 66 Middle East and Africa: Perimeter Security Market Size, By Component, 2015–2022 (USD Billion)
Table 67 Middle East and Africa: Perimeter Security Market Size, By System, 2015–2022 (USD Billion)
Table 68 Middle East and Africa: Perimeter Intrusion Detection Systems Market Size, By Sensor Type, 2015–2022 (USD Billion)
Table 69 Middle East and Africa: Perimeter Intrusion Detection Systems Market Size, By Deployment Type, 2015–2022 (USD Billion)
Table 70 Middle East and Africa: Video Surveillance Systems Market Size, By Component, 2015–2022 (USD Billion)
Table 71 Middle East and Africa: Video Surveillance Systems Market Size, By Hardware, 2015–2022 (USD Billion)
Table 72 Middle East and Africa: Video Surveillance Systems Market Size, By Software, 2015–2022 (USD Billion)
Table 73 Middle East and Africa: Access Control Systems Market Size, By Component, 2015–2022 (USD Billion)
Table 74 Middle East and Africa: Access Control Systems Market Size, By Hardware, 2015–2022 (USD Billion)
Table 75 Middle East and Africa: Perimeter Security Market Size, By Service, 2015–2022 (USD Billion)
Table 76 Middle East and Africa: Perimeter Security Market Size, By Professional Service, 2015–2022 (USD Billion)
Table 77 Middle East and Africa: Perimeter Security Market Size, By Vertical, 2015–2022 (USD Billion)
Table 78 Latin America: Perimeter Security Market Size, By Component, 2015–2022 (USD Billion)
Table 79 Latin America: Perimeter Security Market Size, By System, 2015–2022 (USD Billion)
Table 80 Latin America: Perimeter Intrusion Detection Systems Market Size, By Sensor Type, 2015–2022 (USD Billion)
Table 81 Latin America: Perimeter Intrusion Detection Systems Market Size, By Deployment Type, 2015–2022 (USD Billion)
Table 82 Latin America: Video Surveillance Systems Market Size, By Component, 2015–2022 (USD Billion)
Table 83 Latin America: Video Surveillance Systems Market Size, By Hardware, 2015–2022 (USD Billion)
Table 84 Latin America: Video Surveillance Systems Market Size, By Software, 2015–2022 (USD Billion)
Table 85 Latin America: Access Control Systems Market Size, By Component, 2015–2022 (USD Billion)
Table 86 Latin America: Access Control Systems Market Size, By Hardware, 2015–2022 (USD Billion)
Table 87 Latin America: Perimeter Security Market Size, By Service, 2015–2022 (USD Billion)
Table 88 Latin America: Perimeter Security Market Size, By Professional Service, 2015–2022 (USD Billion)
Table 89 Latin America: Perimeter Security Market Size, By Vertical, 2015–2022 (USD Billion)

List of Figures

Figure 1 Global Perimeter Security Market: Market Segmentation
Figure 2 Global Perimeter Security Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company, Designation, and Region
Figure 4 Data Triangulation
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Perimeter Security Market: Assumptions
Figure 8 North America is Estimated to Hold the Largest Market Share in 2017
Figure 9 Rise in Demand for Perimeter Security Systems is Expected to Propel the Growth of the Perimeter Security Market During the Forecast Period
Figure 10 Video Surveillance Systems Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 11 Risk Assessment and Analysis Services Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 12 Residential, Educational, and Religious Buildings Vertical is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 13 The Perimeter Security Market is Expected to Grow With the Highest Rate in Latin America During the Forecast Period
Figure 14 Perimeter Security Market: Drivers, Restraints, Opportunities, and Challenges
Figure 15 Perimeter Security Systems Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 16 Residential, Educational, and Religious Buildings Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 17 North America is Expected to Have the Largest Market Size During the Forecast Period
Figure 18 North America: Market Snapshot
Figure 19 Asia Pacific: Market Snapshot
Figure 20 Perimeter Security Market (Global), Competitive Leadership Mapping, 2017
Figure 21 Perimeter Security Market: Ranking Analysis
Figure 22 Honeywell International Inc.: Company Snapshot
Figure 23 Hangzhou Hikvision Digital Technology Co., Ltd.: Company Snapshot
Figure 24 Axis Communications AB: Company Snapshot
Figure 25 Dahua Technology Co., Ltd.: Company Snapshot
Figure 26 United Technologies Corporation: Company Snapshot
Figure 27 Johnson Controls International PLC: Company Snapshot

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